NOT LISTED FOR SALE

Estimated Value: $638,000 - $807,243

4 Beds
2 Baths
1,632 Sq Ft
$446/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $450,000 $276 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,467/month

49 Days on Market

Highlights

  • Bonus Room
  • Neighborhood Views
  • Built-In Features
  • No HOA
  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2019

Great investment opportunity in the City of Los Angeles!!! Live in one and rent the other! Property sits on a 5,288 square foot lot; front unit features three bedrooms and one and a half bathrooms and back unit features one bedroom and one bathroom both including bonus rooms that can be used as additional bedrooms. Property is close to USC, the 110 freeway and minutes away from Downtown Los Angeles. Schedule your showing today!

Last Agent to Sell the Property

Marvin Garcia

ROA California Inc. License #01968704 Listed on: 12/17/2018

Co-Listed By

Daisy Alonso Garcia

ROA California Inc. License #02039158

Last Buyer's Agent

Lourdes Palacios

Skyler Realty License #01707166

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,227

Year Built

  • Built in 1905

Lot Details

  • 5,288 Sq Ft Lot
  • No Common Walls
  • Wire Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Double Pane Windows
  • Living Room
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 5101016016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,227

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 323-350-4654
  • Other Phone Number: 323-604-8181
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5101016016
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 275.74
  • Room Type: Bonus Room, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wire
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5288.00
  • Lot Size Acres: 0.1214

Multi Family

  • Gross Scheduled Income: 871.00
  • Lot Size Area: 5288.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Area: 7
  • Tax Census Tract: 2294.10
  • Tax Lot: 16
  • Tax Tract: Lucky Baldwin
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2018
Closed on
Mar 14, 2019
Sold by
Saravia Juan
Bought by
Avalos Dorinalda
Seller's Agent
Marvin Garcia
ROA California Inc.
Buyer's Agent
Lourdes Palacios
Skyler Realty
List Price
$419,000
Sold Price
$450,000
Premium/Discount to List
$31,000
7.4%
Current Estimated Value
$721,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,189
Avg. Annual Appreciation
7.82%
Original Mortgage
$389,193
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 17, 2018
Closed on
Feb 27, 2019
Sold by
Lucero Monica I
Bought by
Granados Wilfredo
Seller's Agent
Marvin Garcia
ROA California Inc.
Buyer's Agent
Lourdes Palacios
Skyler Realty
List Price
$419,000
Sold Price
$450,000
Premium/Discount to List
$31,000
7.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,193
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 17, 2018
Closed on
Feb 25, 2019
Sold by
Flores Faviola
Bought by
Flores Alejandro
Seller's Agent
Marvin Garcia
ROA California Inc.
Buyer's Agent
Lourdes Palacios
Skyler Realty
List Price
$419,000
Sold Price
$450,000
Premium/Discount to List
$31,000
7.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,193
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 17, 2018
Closed on
Feb 19, 2019
Sold by
Flores Alejandro
Bought by
Avalos Edwin D and Avalos Rosa A
Seller's Agent
Marvin Garcia
ROA California Inc.
Buyer's Agent
Lourdes Palacios
Skyler Realty
List Price
$419,000
Sold Price
$450,000
Premium/Discount to List
$31,000
7.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,193
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2016
Sold by
Mondragon Federico
Bought by
Flores Alejandro

Purchase Details

Closed on
Mar 21, 2005
Sold by
Mondragon Federico and Flores Alejandro
Bought by
Mondragon Federico and Flores Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2004
Sold by
Torres Raul
Bought by
Mondragon Federico and Flores Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 1999
Sold by
Flores Faviola
Bought by
Torres Raul and Mondragon Federico

Purchase Details

Closed on
Jul 23, 1999
Sold by
Segovia Jose Alfonso and Segovia Maribel
Bought by
Torres Raul and Flores Faviola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,626
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1999
Sold by
Norwest Bank Of Minnesota Na
Bought by
Segovia Jose Alfonso and Segovia Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
3.35%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Gilcrest Queen
Bought by
Norwest Bank Of Minnesota Na

Purchase Details

Closed on
Mar 26, 1997
Sold by
Gilcrest Queen and Gilcrest Queen E
Bought by
Gilcrest Queen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
10.5%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Gilcrest Queen
Bought by
Gilcrest Queen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Avalos Dorinalda -- Lawyers Title Company
Granados Wilfredo -- Lawyers Title Company
Flores Alejandro -- Lawyers Title Company
Avalos Edwin D $450,000 Lawyers Title Company
Flores Alejandro -- None Available
Mondragon Federico -- Homeconnects Title
Mondragon Federico -- --
Torres Raul -- --
Torres Raul $168,000 Orange Coast Title
Segovia Jose Alfonso $87,000 Chicago Title Co
Norwest Bank Of Minnesota Na $116,691 Chicago Title Co
Gilcrest Queen -- --
Gilcrest Queen -- World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avalos Edwin D $381,924
Closed Avalos Edwin D $389,193
Previous Owner Mondragon Federico $285,934
Previous Owner Mondragon Federico $259,258
Previous Owner Mondragon Frederico $40,000
Previous Owner Mondragon Federico $195,000
Previous Owner Mondragon Federico $164,000
Previous Owner Ibarra Antonio $7,500
Previous Owner Torres Raul $166,626
Previous Owner Segovia Jose Alfonso $65,250
Previous Owner Gilcrest Queen $106,500
Previous Owner Gilcrest Queen $92,700
Previous Owner Gilcrest Queen $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $450,000 +7.4% $276 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $419,000 -6.9% $257 / Sq Ft
01/03/2019 01/03/19 Off Market $450,000 -- --
12/17/2018 12/17/18 For Sale $419,000 -- $257 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,227 $501,979 $368,119 $133,860
2024 $6,227 $492,137 $360,901 $131,236
2023 $6,110 $482,488 $353,825 $128,663
2022 $5,831 $473,029 $346,888 $126,141
2021 $5,755 $463,755 $340,087 $123,668
2020 $5,810 $459,000 $336,600 $122,400
2019 $5,161 $413,823 $222,524 $191,299
2018 $5,075 $405,710 $218,161 $187,549
2016 $3,747 $298,026 $160,788 $137,238
2015 $3,694 $293,550 $158,373 $135,177
2014 $3,718 $287,801 $155,271 $132,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18292862

California Regional Multiple Listing Service (CRMLS)

APN: 5101-016-016